Bayt poll shows Egypt most optimistic about economic growth
CAIRO: Fifty-six percent of Egyptians “definitely expected improvements” when asked whether they expected to see economic progress following the recent changes in the Middle East, representing the highest percentage in…
Ex-Gitmo Australian sues top Egypt regime officials
SYDNEY: An Australian formerly detained in Guantanamo Bay said Friday he is suing Egypt's former vice president and a son of ex-leader Hosni Mubarak over his alleged torture while in…
Clinton warns intolerance threatens Arab revolts
BERLIN: US Secretary of State Hillary Rodham Clinton is warning that rising intolerance toward women and religious minorities threatens to hijack democratic transitions around the Arab world and spread violent…
Minister of Health starts reform with state-sponsored treatment
CAIRO: A dedicated department for state-sponsored medical treatment will be installed in every governorate, the health ministry said. New Minister of Health Ashraf Hatem has undertaken a series of reforms…
Mubarak headed for military hospital, then to jail
CAIRO: Egypt's state prosecutor decided Friday to move ailing ex-president Hosni Mubarak to a military hospital, then to prison when his health improves, in a probe over a deadly crackdown…
Oil steady on China growth, Goldman note
LONDON: Oil prices steadied, with North Sea Brent crude just above $122 a barrel on Friday after data showed China's economic growth beating forecasts, despite government efforts to cool expansion…
Egypt Mobinil says will post Q1 results on April 27
CAIRO: Egyptian mobile operator Mobinil will announce its unaudited first quarter results on April 27, the company said in a statement to the stock exchange on Thursday. "(Mobinil) set Wednesday,…
Orascom Development 2010 net profit drops 11 pct
CAIRO: Real estate and hotels firm Orascom Development said on Friday its 2010 net profit after non-controlling interests declined by 11 percent year-on-year to 94.9 million Swiss francs ($105.9 million).…
World Bank, IMF lead move to help North Africa
WASHINGTON: Global finance chiefs moved to aid strife-torn North Africa Thursday as the International Monetary Fund and World Bank warned of more social unrest from high food prices and joblessness.…
IFC, Islamic Development Bank call for action on realizing Arab Youth potential
CAIRO: International Finance Corporation (IFC) and the Islamic Development Bank called for “urgent” action to tackle the unemployment crisis youth face in the Arab World. “We are ready to support…